The State of Play for Bitcoin in Canada 083117

“Bitcoin GreenFlare_IMG_8289” (CC BY 2.0) by btckeychainAlthough Bitcoin and other cryptocurrencies are not yet legal tender in Canada – with only the Canadian dollar considered official currency – digital currencies are recognised as a commodity by the Canada Revenue Agency (CRA).
Although digital currency transactions are not supported by the nation’s central bank or government, they are viewed as barter transactions. This means that any income gene